NPR (Scott Horsley) - Inflation jumps to its highest level since 2023. Here are 3 things costing a lot more
Rising gasoline prices pushed inflation to its highest level in almost three years in April. Consumer prices were up 3.8% from a year ago.
NYTIMES (The New York Times) - Oil Prices Rise on U.S.-Iran Standoff
President Trump has declared the American cease-fire with Iran is on “life support,” and investors are taking a cautious approach as the lack of progress in peace talks weighs on the markets.
NYTIMES (Lydia DePillis) - CPI Shows Inflation Accelerating to 3.8% Annually in April After Weeks of War in Iran
The Consumer Price Index rose 3.8% in April from a year earlier as higher energy costs replaced tariffs as the driver of higher prices for Americans.
AXIOS (Ben Geman) - Trump faces uphill climb on suspending gas tax
President Trump's endorsement of suspending federal gas taxes pushes the idea higher on the political radar, but it still faces long odds. Why it matters: Some Republicans rushed to introduce bills, and a few Democrats have already endorsed the idea — but there are still serious obstacles that could keep Trump's comments from becoming reality. - The federal tax is 18.3 cents for gasoline and 24.3 cents for diesel (with another .1 cent fee for addressing leaking underground tanks). A few dynamics to watch following Trump's comments to CBS News... Capitol Hill. Trump needs Congress to act, and the immediate signs are mixed. GOP lawmakers including Sen. Josh Hawley (R-Mo.) quickly promised legislation, but Senate Majority Leader John…
AXIOS (Avery Lotz) - Student loan debt is delaying life milestones for young Americans
Data: Gallup Alumni Survey; Chart: Avery Lotz/Axios Some two-thirds of Gen Z borrowers have pushed off one more life milestones because of their student loan debt, a new report out Tuesday found. The big picture: Student loan debt in the U.S. tops $1 trillion and is central to Americans' affordability pains, now coupled with the possibility of wage garnishment for those in default after a pandemic-era pause ended last year. Threat level: That debt burden has led more than half of borrowers to delay life events, according to research from Gallup and the Lumina Foundation, which released two new reports Tuesday on perceptions of higher education. - Gen Z was the most likely to say they'd put off at least one life event because of their…
ABCNEWS - WATCH: K9 to the rescue
How a police dog became a hero in the search for a missing elderly man and how it was all caught on camera.
| Keywords | police-dogk9rescueheroiccaught-on-cameramissing-personelderlysearch-and-rescuewholesomelaw-enforcementpoliceanimal-heroabc-newsvideosuccess-storycommunitylife-saving |
NYTIMES (Clyde Haberman) - Rex Reed, Film Critic Known for Acerbic Reviews, Dies at 87
He fawned over Old Hollywood stars and sparred with Frank Sinatra. Nora Ephron marveled at his ability to get his subjects to say the things they did.
| Keywords | rex-reedfilm-criticobituarydeathmovieshollywoodentertainmentcelebritynytimesold-hollywoodfrank-sinatranora-ephronpop-culturemediareviews |
NYTIMES (Lauren Hirsch) - EBay Rejects GameStop’s $55 Billion Takeover Bid
The online marketplace eBay called the cash-and-stock proposal “neither credible nor attractive.”
| Keywords | ebaygamestoptakeoveracquisitionbusinessfinanceretailecommercewall-streetmergers-and-acquisitionsstock-marketnytimestechmarketplacemoneydealinvestmentcash-offercorporate-news |
NPR (Brittney Melton) - Trump heads to China for state visit. And, how the war in Iran has affected inflation
Trump leaves for Beijing today for a state visit with Chinese President Xi Jinping. And, a new inflation report is expected to show the war in Iran's impact on the U.S.
| Keywords | trumpdonald-trumpchinaxi-jinpingbeijinguswashington-dcwhite-houseiranwarmiddle-eastinflationeconomyforeign-policygeopoliticsnprstate-visiteconomic-competition |
NYTIMES (Sam Sifton) - Who Owns the Strait?
We take a look at the laws governing waterways.
| Keywords | strait-of-hormuzmaritime-lawwaterwaysgeopoliticsshippinginternational-watersnavigationus-navymiddle-eastiranpentagonenergy-securityoil-transportforeign-policynytimessam-sifton |